Piper Sandler Maintains Overweight on Braze, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Braze (NASDAQ:BRZE) but lowers the price target from $66 to $55.
June 07, 2024 | 9:05 am
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NEUTRAL IMPACT
Piper Sandler's analyst Brent Bracelin maintains an Overweight rating on Braze but lowers the price target from $66 to $55.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100